Colb Finance Debuts CSPX on Plume, Delivering Tokenized Pre-IPO Access to SpaceX

04 December 2025 | Thursday | News

For the first time, qualified users can gain programmable, onchain exposure to SpaceX—opening a market long restricted to institutions and enhancing Plume’s suite of tokenized assets across credit, treasuries, and funds.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

Plume, the leading RWA blockchain powering real-world yield, announced that Colb Finance has launched CSPX, the first tokenized access to SpaceX on Plume. Together, Plume and Colb Finance are unlocking a new era of onchain access to one of the most anticipated private markets brought to the onchain RWA ecosystem.

CSPX gives qualified users on Plume transparent, proportional economic exposure to an underlying position in SpaceX shares, bringing private-market access onchain for the first time. Pre-IPO exposure is typically reserved for institutional investors and late-stage venture funds, making it one of the hardest segments of the market for individuals to access. By tokenizing this exposure, CSPX makes a traditionally closed asset class programmable and accessible through the Colb web app for users who complete onboarding and meet eligibility requirements.

The launch complements Plume's existing suite of tokenized assets across treasuries, private credit, payment financing, institutional funds, and stablecoin infrastructure.

"SpaceX is one of the most valuable private companies in history, and access to it has been limited to a small circle of institutional investors," said Teddy Pornprinya, Co-Founder and CBO or Plume. "By bringing tokenized SpaceX exposure onchain with Colb, we're unlocking a category of assets that investors simply couldn't reach before. This is real utility, real demand, and a real step forward for the future of tokenized finance."

Since mainnet, Plume has grown to 280,000+ RWA holders, $645M+ in RWA TVL, and 200+ onchain RWA integrations, representing the single largest community of tokenized-asset users in the world. Colb's arrival further solidifies Plume's role as the leading distribution layer for tokenized investing.

 

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